Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

15 Properties Found. Showing 1-12
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2704 Sparrows Point Pl
Louisville, KY 40245
2704 Sparrows Point Pl Louisville, KY 40245
1 of 40
$550,000
Subdivision: Lake Forest
BEDS
5
BATHS
5
SQ.FT.
4,966
BUILT
2005
ON SITE
17Days
MLS
1526305
Updates, Open, Spacious, Contemporary floor plan with extensive upgrades throughout. Enter the home through a large glass door with sidelights and palladium transom. At current price possible short...
7414 Old North Church Rd
Louisville, KY 40214
7414 Old North Church Rd Louisville, KY 40214
1 of 33
$259,000 ( $16,000 )
Subdivision: Yorktown North
BEDS
4
BATHS
3
SQ.FT.
3,056
BUILT
1987
ON SITE
104Days
MLS
1520923
Short sale sold as is. Wonderful opportunity to own a well-maintained four bedroom & three bath home on a peaceful cul-de-sac street in the South End of Louisville. Featuring up to date appliances in...
8502 Long Rifle Ct
Louisville, KY 40228
8502 Long Rifle Ct Louisville, KY 40228
1 of 4
$220,000
Subdivision: Adams Run
BEDS
4
BATHS
3
SQ.FT.
2,368
BUILT
2001
ON SITE
4Days
MLS
1527301
This is a Short Sale. Buyers provide proof of funds prior to showing. Sellers will NOT turn water on for inspection. If buyer chooses to turn water or any utility on it will be at their the buyers...
124 Patriot Way
Vine Grove, KY 40175
124 Patriot Way Vine Grove, KY 40175
 
$189,000
Subdivision: Bewley Rd
BEDS
3
BATHS
3
SQ.FT.
1,568
BUILT
2005
ON SITE
40Days
MLS
1524702
This home is being sold as a Short Sale. Sellers will consider all offers. Home features 3 bed, 2.1 baths, formal dining, large kitchen, unfinished basement which allows buyers to finish to suite...
8703 Chelmer Ln
Louisville, KY 40220
Under Contract
8703 Chelmer Ln Louisville, KY 40220
1 of 26
$175,000 ( $50,000 )
Subdivision: Stony Brook Woods
BEDS
3
BATHS
4
SQ.FT.
2,470
BUILT
1998
ON SITE
81Days
MLS
1521866
Back on the Market! Short Sale. Third party approval required. Water cannot be turned on prior to closing. Home needs TLC, but could be the perfect home for the handy buyer or sophisticated investor....
375 Wood Valley Ln
Louisville, KY 40299
Under Contract
375 Wood Valley Ln Louisville, KY 40299
1 of 62
$175,000
Subdivision: Dawson Hill Estate
BEDS
4
BATHS
4
SQ.FT.
3,824
BUILT
2001
ON SITE
11Days
MLS
1526734
SHORT SALE. Investor alert! Fix and flip, or great for construction-oriented homeowner. This is a big project. Check ALL the photos.Like a vacation home in the woods! 4 bedrooms, 3.5 baths, finished...
6106 Dewitt Dr
Louisville, KY 40258
Under Contract
6106 Dewitt Dr Louisville, KY 40258
1 of 20
$126,900
Subdivision: Moss Creek
BEDS
2
BATHS
3
SQ.FT.
1,566
BUILT
2009
ON SITE
190Days
MLS
1514785
SHORT SALE! INVESTOR OPPORTUNITY! GREAT RENTAL HERE! Cute! Formal entry with a coat closet AND a storage closet across from the access to the 1 car garage. The powder room is privately placed off to...
407 Newton St
Midway, KY 40347
407 Newton St Midway, KY 40347
1 of 3
$105,000 ( $45,000 )
Subdivision: N/A
BEDS
3
BATHS
1
SQ.FT.
1,413
BUILT
1982
ON SITE
80Days
MLS
1522012
**Short Sale**. Located in the Heart of Horse Country here in Historic Midway Kentucky. This home showcases 3 bedrooms, 1 bath, an eat-in kitchen, Living room, den and a bonus room that could be...
4604 Linger Ct
Louisville, KY 40272
Under Contract
4604 Linger Ct Louisville, KY 40272
1 of 12
$85,000
Subdivision: Tarrytowne
BEDS
2
BATHS
2
SQ.FT.
1,570
BUILT
1967
ON SITE
40Days
MLS
1524649
Attention Investors!!!! First time flippers!!! This is a Short Sale! If you are looking for a fixer upper this diamond in the rough could be yours! This is a classic Brick Split Foyer Home with...
720 S 42Nd St
Louisville, KY 40211
720 S 42Nd St Louisville, KY 40211
1 of 11
$65,000 ( $5,000 )
Subdivision: Doerhoefers
BEDS
2
BATHS
1
SQ.FT.
800
BUILT
1925
ON SITE
15Days
MLS
1526367
This cute little bungalow has newer siding, newer roof, and is waiting for its next owner! Perfect for first time home buyers, or investors! Previously section 8 approved. This is a SHORT SALE!
1607 Clara Ave
Louisville, KY 40215
1607 Clara Ave Louisville, KY 40215
 
$62,900 ( $1,600 )
Subdivision: Highbaughs
BEDS
2
BATHS
1
SQ.FT.
700
BUILT
1950
ON SITE
82Days
MLS
1521854
This property is a possible short sale being sold as is with no repairs being made by the estate. Property being sold to settle an estate. One executor is a licensed real estate agent in the state of...
1720 Magazine St
Louisville, KY 40203
1720 Magazine St Louisville, KY 40203
1 of 30
$62,000 ( $3,000 )
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,152
BUILT
1994
ON SITE
27Days
MLS
1525471
SHORT SALE! Attention First Time Home Buyers & Investors don't miss out on this great opportunity! Light filled with a spacious layout, this home features a good size living room, separate dining...
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